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Argentina Vows to Defy Court Order

Nov 26, 2012

Argentina plans to challenge a US judge's ruling in an appeals court, its economy ministry says, after the sovereign was ordered last week to pay $1.3bn to its holdout creditors and not to pay other bondholders until it satisfies this judgment. The government has reiterated its vows not to...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

Kathryn Rooney Vera, Bulltick Capital Markets


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